Quarter
Man Utd confirm first quarter accounts as ‘difficult decisions’ explained
Manchester United have announced their first quarter financial results, with the Premier League club posting an operating profit of £13.3m compared to a £6.9m loss last year following cost...
BMW boosts profit margin for cars in third quarter
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period[BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in...
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. [WASHINGTON] Apple chief executive Tim Cook on...
Lufthansa hits forecasts in third quarter despite weaker North Atlantic market
[LONDON] Lufthansa reported quarterly operating earnings slightly above expectations on Thursday and said the outlook for the fourth quarter was strong and demand set to improve, though bookings on...
Orsted axes quarter of jobs, pivots to Europe after US setbacks under Trump
[COPENHAGEN] Orsted, the world’s biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarter of its workforce, and will focus more on...
US: Wall St opens lower on last day of quarter as government shutdown looms
[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Sep 30), the final day of the third quarter, as investors fretted over likely delays in the release of...
Apollo draws US$61 billion in record quarter, but less from wealth
[NEW YORK] Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in managed assets, but reeled...